The Ambitious Trader: Stocks, Trading, Investing..My Ambitions as a Trader and Investor

This is a one way ticket that takes you on a wonderful journey into the vast world that is the stock market through my eyes, my point of view.

Wednesday, September 05, 2007

Despite The Weak Market Action, Several Stocks Seem Resilient

Here is a tentative list of some stocks that seem to be bucking today's negative market action: CVGW, ARTW, BKR, SILC, ALVR, JNPR, PRKR, MPWR, NUAN, MFE

BKR




Very positive breakout action with robust volume to back it up. This is exactly what I like to see in a strong stock.









SILC


SILC is offering an encore of yesterdays high-flying action as it propels itself out of a double-bottom like chart pattern. On the one year chart, one can notice that the stock may also be breaking out of a cup shaped base as well. The stock needs to maintain itself at these price levels, as it is ready to climb into uncharted territory.

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